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Senior Algorithm Engineer Jobs in Carmel, IN (NOW HIRING)

MISO

Senior Engineer Market Design

Carmel, IN · On-site

$129K - $139K/yr

Propose and implement improvements to market models, algorithms, and policy provisions to enhance ... Senior Engineer : Bachelor's degree in Electrical Engineering, Computer Engineering, Electrical ...

DataAnnotation

Senior Software Engineer

Fishers, IN · Remote

$40 - $75/hr

... other engineers -- who are driving real-world impact in AI development. Our platform offers an ... Experience with algorithms, data structures, and debugging workflows * A current, in progress, or ...

DataAnnotation

Senior Software Engineer

Carmel, IN · Remote

$40 - $75/hr

... other engineers -- who are driving real-world impact in AI development. Our platform offers an ... Experience with algorithms, data structures, and debugging workflows * A current, in progress, or ...

DataAnnotation

Senior Software Engineer

Indianapolis, IN · Remote

$40 - $75/hr

... other engineers -- who are driving real-world impact in AI development. Our platform offers an ... Experience with algorithms, data structures, and debugging workflows * A current, in progress, or ...

Dellfor Technologies

senior .net developer

Indianapolis, IN

$52.50 - $67/hr

As a full stack engineer your contribution will have a direct impact on our customer experience and ... Computer Science, DataStructures, Algorithms, Memory Management * Strong understanding of OOP and ...

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Senior Algorithm Engineer information

See Carmel, IN salary details

$59K

$125.5K

$182K

How much do senior algorithm engineer jobs pay per year?

As of May 31, 2026, the average yearly pay for senior algorithm engineer in Carmel, IN is $125,548.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,700.00 and $142,400.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Senior Algorithm Engineer, and why are they important?

To thrive as a Senior Algorithm Engineer, you need advanced proficiency in mathematics, computer science, and algorithm design, usually supported by a relevant degree and extensive experience in the field. Expertise with programming languages such as Python or C++, proficiency with machine learning libraries, and familiarity with version control systems like Git are commonly required. Strong problem-solving skills, attention to detail, and the ability to communicate complex ideas clearly help set top candidates apart. These skills are crucial for developing robust, efficient solutions and collaborating effectively on challenging technical projects.

What are some common challenges faced by Senior Algorithm Engineers when deploying algorithms into production environments?

Senior Algorithm Engineers often encounter challenges such as ensuring that algorithms are both scalable and efficient when integrated into real-time systems. Balancing model accuracy with computational resource constraints is a frequent task, as well as addressing data inconsistencies and managing version control for iterative algorithm updates. Collaboration with software engineers and data engineers is essential to ensure smooth deployment, monitor performance, and quickly resolve any production issues. Staying updated with the latest frameworks and best practices also helps in overcoming these challenges.

What does a Senior Algorithm Engineer do?

A Senior Algorithm Engineer is responsible for designing, developing, and optimizing complex algorithms that solve technical problems or enhance product performance. They often work with large datasets, machine learning models, or mathematical techniques to create efficient solutions. In addition to coding, they may collaborate with cross-functional teams, review the work of junior engineers, and help set the technical direction for algorithm development projects. Their expertise ensures that products and systems run efficiently and accurately.

What is the difference between Senior Algorithm Engineer vs Data Scientist?

AspectSenior Algorithm EngineerData Scientist
Required CredentialsBachelor's or Master's in CS, EE, or related; strong math and programming skillsBachelor's or Master's in CS, Statistics, or related; strong analytical and programming skills
Work EnvironmentDevelops algorithms for software, hardware, or embedded systems in tech companiesAnalyzes data to extract insights, often in tech, finance, or healthcare sectors
Industry UsageCommon in AI, robotics, and software developmentPrevalent in analytics, machine learning, and business intelligence

While both roles require strong programming and analytical skills, Senior Algorithm Engineers focus on designing and optimizing algorithms for technical systems, whereas Data Scientists analyze data to inform business decisions. The roles often overlap in AI and machine learning projects but serve different primary functions within organizations.

What are the most commonly searched types of Algorithm Engineer jobs in Carmel, IN? The most popular types of Algorithm Engineer jobs in Carmel, IN are:
Senior Algorithm Engineer jobs near you
Senior Engineer Market Design

Senior Engineer Market Design

MISO

Carmel, IN • On-site

$129K - $139K/yr

Full-time

Retirement, PTO

Posted 23 days ago

Job description

The role involves analyzing complex operational, economic, and accounting data to support evaluations of market structures, outcomes, operations events, and the periodic reporting of market status and results. The position will assist the management team in recommending changes to MISO's market design and systems, and will communicate analysis results and new proposals to internal groups and stakeholders to garner support and inform business decision-making.
This isn't just a job. It's your chance to make a real impact on the electric grid of the future while collaborating with top-tier talent, industry leaders, and key stakeholders across the country.
As the Senior Engineer Market Design/Economist, you will:
  • Perform engineering, statistical, and economic analyses on system and market operations, including participant activities, pricing trends, demand-supply imbalances, market anomalies, and overall market design efficiency.
  • Develop and evaluate new or enhanced wholesale electricity market design initiatives, assessing their impact on market structure, competitiveness, and efficiency as the industry evolves.
  • Propose and implement improvements to market models, algorithms, and policy provisions to enhance performance and reliability.
  • Develop and track key market performance indicators to evaluate market conditions and identify areas for improvement.
  • Conduct economic modeling and analysis to assess market data quality and evaluate the effectiveness of proposed market rule or tariff changes.
  • Review and assess compliance of MISO market systems with tariff requirements, recommending system and tariff modifications to improve adherence and operational integrity.

We need someone who thrives in complexity, loves problem-solving, and has the vision to see opportunities before they're obvious. Our candidate will also have:
  • Senior Engineer: Bachelor's degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology.
    • At least 4 years of related experience required.
  • Economist: Master's degree in Economics,
    • At least two years of experience required.
  • Specific experience within any of the following: power system analysis and operation and associated software development, statistical and econometrics analysis, market analysis and design, optimization algorithms, econometrics.

While not required, it would be a plus if you had any of the following:
  • Previous deregulated wholesale electricity market or utility experience.
  • Previous energy industry experience with a regional transmission organization (RTO) market participant.
  • Possess NERC certification.

Appropriate level will be determined based upon experience and knowledge.
This is your opportunity to shape the future of energy. Apply today and join us in revolutionizing the transmission industry!
The base salary compensation range being offered for this role is $129,000-$139,000 USD annually. Base salary range for this position is included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, and qualifications/experience.
Position is also eligible for an annual bonus if individual performance and company objectives are met. At MISO we offer a comprehensive benefits package, including 401k, vacation, sick and safe time, available on your first day of employment.
Transformative innovation is happening in the electric industry, from digitalizing homes and distributed resources to renewable energy and an ever-changing grid. MISO manages the electricity superhighway in the Central U.S. Using groundbreaking research and sophisticated technology, our highly skilled employees ensure power flows reliably to 45 million people throughout North America. Operating the electricity grid, running a robust energy market, and planning for a bright future - it's what our immensely hard-working and dedicated team does every day.
MISO, The Work We Do
Join #TeamMISO to be a driving force as we build the grid of the future.
#DiscoverMISO #MISOCareers #LifeatMISO #TeamMISO #WeAreMISO
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Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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